Greenvale has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 10.78% to date .
Greenvale,3059 was ranked 2092 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Greenvale should be aiming for at least -15.37% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2470 in a list of fastest selling suburbs, Greenvale is in the bottom 40% of suburbs in Australia with an average of days on market 95.71 for properties listed there.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.